The following partially completed process cost summary describes the July production activities of the Molding department at Ashad Company. Its production output is sent to the next department. All direct materials are added to products when processing begins. Beginning work in process inventory is 20% complete with respect to conversion. Equivalent Units of Production Units transferred out Units of ending work in process Equivalent units of production Direct Materials 39,000 EUP 3.500 EUP 42,500 EUP Conversion 39,000 EUP 2.100 EUP 41,100 EUP Costs per EUP Costs of beginning work in process Costs incurred this period Total costs Direct Materials $ 31,450 470,050 $ 501,500 Conversion $ 3,900 263,250 $ 267,150 Units in beginning work in process (all completed during July Units started this period Units completed and transferred out Units in ending work in process 3,000 39,500 39,000 3,500 Prepare its process cost summary using the weighted average method (Round "Cost per EUP" to 2 decimal places.) Prey 01 Next > Prepare its process cost summary using the weighted average m Costs Charged to Production Total costs to account for EA $ 0.00 Total costs accounted for CA 0.00 "Difference due to rounding cost/unit Unit Reconciliation Units to account for Total units to account for Total units accounted for Total units accounted for Equivalent Units of Production (EUP)- Weighted Average Method